Chunghwa Telecom Co. Ltd (ADR) (CHT) was Upgraded by HSBC Securities to ” Hold”. Earlier the firm had a rating of “Reduce ” on the company shares. HSBC Securities advised their investors in a research report released on Apr 22, 2016.
Chunghwa Telecom Co. Ltd (ADR) closed down -0.04 points or -0.12% at $34.25 with 7,25,811 shares getting traded on Wednesday. Post opening the session at $34.29, the shares hit an intraday low of $34.06 and an intraday high of $34.36 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
Chunghwa Telecom Co. Ltd. is a telecommunications service provider in Taiwan. The Company’s segments include: Domestic fixed communications business which is engaged in the provision of local telephone services domestic long distance telephone services broadband access and related services; Mobile communications business which is engaged in the provision of mobile services sales of mobile handsets and data cards and related services; Internet business which is engaged in the provision of HiNet and related services; International fixed communications business which is engaged in the provision of international long distance telephone and related services and Others which includes the Company’s non-telecom services including property sales made by its subsidiary Light Era Development Co. Ltd. and electronic products sales made by its subsidiary Chunghwa Precision Test Tech Co. Ltd.